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Metaplanet Borrows $13.5 Million (¥2 Billion) to Buy More Bitcoin

Japanese hotel developer and bitcoin treasury firm Metaplanet is borrowing ¥2 billion or roughly $13.5 million to buy more bitcoin (BTC). The company posted the announcement via its X account on Tuesday evening. Metaplan...

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Metaplanet Borrows $13.5 Million (¥2 Billion) to Buy More Bitcoin
Japanese hotel developer and bitcoin treasury firm Metaplanet is borrowing ¥2 billion or roughly $13.5 million to buy more bitcoin (BTC). The company posted the announcement via its X account on Tuesday evening. Metaplanet currently owns 2,888 BTC and recently implemented a strategy that will see it purchase 21,000 bitcoin by 2026. The firm also […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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